IMAGE RESOURCES NL — Share Issue/Capital Change 2022

Apr 27, 2022

Application for quotation of +securities

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Announcement Summary

Entity name

IMAGE RESOURCES NL

Announcement Type

New announcement

Date of this announcement

Thursday April 28, 2022

The +securities to be quoted are:

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+Securities issued under a +dividend or distribution plan

Total number of +securities to be quoted

ASX +security		Number of +securities to
code	Security description	be quoted	Issue date
IMA	ORDINARY FULLY PAID	33,384,977	28/04/2022

Refer to next page for full details of the announcement

Application for quotation of +securities

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Application for quotation of +securities

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Part 1 - Entity and announcement details

1.1 Name of entity

IMAGE RESOURCES NL

We (the entity named above) apply for +quotation of the following +securities and agree to the matters set out in Appendix 2A of the ASX Listing Rules.

1.2 Registered number type

ABN

Registration number 57063977579

1.3 ASX issuer code

IMA

1.4 The announcement is

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New announcement

1.5 Date of this announcement

28/4/2022

Application for quotation of +securities

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Application for quotation of +securities

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Part 2 - Type of Issue

2.1 The +securities to be quoted are:

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+Securities issued under a +dividend or distribution plan

2.2 The +securities to be quoted are:

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Additional +securities in a class that is already quoted on ASX ("existing class")

2.3b.1 Date of Appendix 3A.1 lodged with ASX in relation to the underlying +dividend or distribution

21/3/2022

Application for quotation of +securities

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Application for quotation of +securities

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Part 3B - number and type of +securities to be quoted (existing class) where issue has not previously been notified to ASX in an Appendix 3B

Additional +securities to be quoted in an existing class issued under a +dividend or distribution plan

ASX +security code and description IMA : ORDINARY FULLY PAID

Issue date

28/4/2022

Will the +securities to be quoted rank equally in all respects from their issue date with the existing issued +securities in that class? Yes

Issue details

Number of +securities to be quoted 33,384,977 Are the +securities being issued for a cash consideration? Yes

In what currency is the cash consideration being paid? What is the issue price per +security? AUD - Australian Dollar AUD 0.20020000

Any other information the entity wishes to provide about the +securities to be quoted

The cash consideration is the allocation price under the Dividend Reinvestment Plan announced on 21 April 2022.

Application for quotation of +securities

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Application for quotation of +securities

Part 4 - Issued capital following quotation

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Following the quotation of the +securities the subject of this application, the issued capital of the entity will comprise:

(A discrepancy in these figures compared to your own may be due to a matter of timing if there is more than one application for quotation/issuance currently with ASX for processing.)

4.1 Quoted +securities (total number of each +class of +securities quoted on ASX following the +quotation of the +securities subject of this application)

Total number of ASX +security code and description +securities on issue IMA : ORDINARY FULLY PAID 1,072,013,222 4.2 Unquoted +securities (total number of each +class of +securities issued but not quoted on ASX) Total number of ASX +security code and description +securities on issue IMAAB : WARRANTS EXPIRING VARIOUS DATES EX VARIOUS PRICES 13,351,099

4.2 Unquoted +securities (total number of each +class of +securities issued but not quoted on ASX)

Application for quotation of +securities

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Application for quotation of +securities

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Part 5 - Other Listing Rule requirements

5.1 Are the +securities being issued under an exception in Listing Rule 7.2 and therefore the issue does not need any security holder approval under Listing Rule 7.1? Yes

5.1a Select the number of the applicable exception in Listing Rule 7.2

4

5.1a.1 Does the +dividend or distribution plan meet the requirement of listing rule 7.2 exception

4 that it does not impose a limit on participation? Yes

Application for quotation of +securities

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